The records for OTC Inc.showed the following for 20x2: Cash paid during the year on expenses, $4,000.
The amount of expense that should be reported on the income statement is: $ _.

Question

The records for OTC Inc.showed the following for 20x2:  Cash paid during the year on expenses, $4,000.
The amount of expense that should be reported on the income statement is: $ _.

Quizplus · Accepted Answer

The Answer of The records for OTC Inc.showed the following for 20x2:  Cash paid during the year on expenses, $4,000.
The amount of expense that should be reported on the income statement is: $ _.

The Records for OTC Inc